CONSUMER LN UNDERWRITER 4 Job in Minneapolis, Minnesota US
CONSUMER LN UNDERWRITER 4
The Underwriter 4 will be a part of the National Decisioning Support (NDS) team for Wells Fargo Home Mortgage. The NDS team is responsible for handling second level reviews, exceptions and being close partners with the Sales and Fulfillment teams. Responsible for reviewing, analyzing, approving and underwriting difficult, complex individual consumer requests and products within company and industry guidelines. Dependent on division, functions include reviewing financial statements, credit reports, and applicable ratios(i.e. Debt ratios, loan-to-value); examining transactions to ensure accuracy and completeness; preparing formal reports for review; ensuring that documents are consistent and uphold to company and industry guidelines; implementing fraud detection techniques, performing compliance reviews; assisting with re-negotiations of loans based on lending guidelines, serving as a consultant/technical resource on difficult problems and questions; handling escalated calls: providing work direction, feedback and training to underwriting staff including mentoring lower level underwriters on credit decisioning, department procedures and policies; delivering/facilitating of technical training to ensure organizational consistency. Has exception authority. May act as a team lead and provide performance feedback to less senior underwriters. May act as backup in absence of Supervisor. Basic Qualifications: 5+ years underwriting experience. Minimum Qualifications: - 7-10 years underwriting experience - Must have excellent customer service skills - Must be able to prioritize and handle multiple tasks Preferred Skills: - FHA and VA experience with CHUMS and LAPP approval. - Non-Conforming Experience Wells Fargo is an Affirmative Action and Equal Opportunity Employer M/F/D/V. © 2012 Wells Fargo Bank, N.A. All rights reserved